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Intel shares are soaring by 10% in trading today.
Intel shares are surging 10% today, helped by a combination of improving analyst sentiment, potential pricing power and increased optimism surrounding the company’s foundry business. Northland Securities upgraded Intel to Outperform from Market Perform and established a $120 price target. Analyst Gus Richard pointed to improving execution in Intel’s turnaround, tight supplies of server processors…
OpenAI Unveils a System for Reporting Rogue AI Agent Behavior
OpenAI is putting its misbehaving models on the record. The AI company disclosed six more reports on Wednesday detailing concerning behaviors observed during training or evaluation over the past six months, alongside a new framework for tracking, investigating, and publicly disclosing cases of model misalignment. “We do not believe that the AI industry has solved…
Beneficial ownership changes: if the lender’s charge is intact, what exactly is the problem?
Mortgage brokers told us that many lenders still become nervous at the mention of trusts or beneficial ownership, even where legal title and the registered charge remain untouched. The legal position is not nearly as mysterious as the market response. The harder question is why some lenders appear to treat an ordinary commercial restructuring as…
Expect more broker consolidation following Nexa-UMortgage merger, Casa says
Expect more broker consolidation following Nexa-UMortgage merger, Casa says – Scotsman Guide Skip to content error: Content is protected !! This website uses cookies to enhance user experience and to analyze performance and traffic on our website. We may also share information about your use of our site with our social media, advertising…
Residential mortgage growth lifts MCAN earnings 19%
MCAN Financial’s mortgage book continued to grow in the second quarter, helping lift earnings even as the lender reported a higher share of impaired loans. The mortgage investment corporation earned $24 million, up 19% from $20.2 million a year earlier. Earnings per share rose to 59 cents from 51 cents. Net interest income increased 4%…
The takeaways you might have missed in CMHC’s latest housing report
Winnipeg and Saskatoon show similar, if less dramatic, resilience. Winnipeg’s average price is forecast to rise steadily from $423,866 in 2026 to $444,042 by 2028, while Saskatoon climbs from $441,500 to $480,000 over the same period. Contrast that with Vancouver and Victoria, where CMHC’s baseline has average prices essentially flat through 2028 — Vancouver moving…
